Zynex

Lone Tree, United States Founded: 1996 • Age: 30 yrs
Non-invasive electrotherapy and stroke rehabilitation devices are developed by Zynex.
Annual revenue $192.3M Latest available
Total funding - 2 rounds
Employees 1000 Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Zynex

Zynex is a company based in Lone Tree (United States) founded in 1996. The company has 1,000 employees as of December 31, 2024. Zynex has completed 2 acquisitions, including Kestrel Labs and NeuroDyne Medical. Zynex offers products and services including NexWave, Zynex Pro LSO Braces, Zynex Pro OA Knee Brace, and Saunders CT. Zynex operates in a competitive market with competitors including Noctrix Health, Neurovalens, Brain in Hand, Trexo Robotics and Neurofenix, among others.

  • Headquarter Lone Tree, United States
  • Employees 1000 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
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  • Website
    Locked
  • Social
    Locked
  • Legal Name Zynex, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $192.35 M (USD)
    4.36
    as on Dec 31, 2024
  • Net Profit
    $2.99 M (USD)
    -69.24
    as on Dec 31, 2024
  • EBITDA
    $10.77 M (USD)
    -28.19
    as on Dec 31, 2024
  • Latest Funding Round
    $696 K (USD), Post-IPO

    Jan 01, 2007

  • Investors
    Not available
  • Employee Count
    1000

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Zynex

Zynex is a publicly listed company on the NASDAQ with ticker symbol ZYXI in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: ZYXI · Sector: Health technology · USA

Products & Services of Zynex

Zynex offers a comprehensive portfolio of products and services, including NexWave, Zynex Pro LSO Braces, Zynex Pro OA Knee Brace, and Saunders CT.

Product name locked
Category locked
Primary

Prescription device for IFC, TENS, and NMES to manage debilitating pain.

Product name locked
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Braces providing relief for secondary back pain and lateral support.

Product name locked
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Brace offering superior relief for knee pain from osteoarthritis.

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Device for safe, effective home traction to alleviate neck pain.

People of Zynex

Headcount 200-500
Employee Profiles 187
Board Members and Advisors 3
Employee Profiles
People
Kyle Landis
Territory Manager
People
Kevin Rosuck
Regional Sales Lead
People
Margarita Borukhova
Territory Manager
People
Migell Ormsby
Territory Manager

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Board Members and Advisors
people
Barry Michaels
Director
people
Michael Cress
Director
people
Josh Disbrow
Director

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Funding Insights of Zynex

Investments & Acquisitions by Zynex

Zynex has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Kestrel Labs and NeuroDyne Medical.

Investments
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Investment portfolio details for Zynex

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Photoplethysmography monitoring devices are manufactured by Kestrel Labs.
Locked Locked 2001 Locked
Manufacturer of medical instruments and disposable electrodes
Locked Locked 1993 Locked
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Complete acquisition details for Zynex

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Financial Statements - Zynex

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Detailed financials for Zynex

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Zynex Comparisons

Zynex Primary company
Description
Non-invasive electrotherapy and stroke rehabilitation device...
Location
Lone Tree, United States
Founded Year
1996
Annual Revenue
$192.35 M (USD)
Net Profit
$2.99 M (USD)
EBITDA
$10.77 M (USD)
Employees
1,000
As of 2024
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Peer comparison for Zynex

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Competitors of Zynex

Zynex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Noctrix Health, Neurovalens, Brain in Hand, Trexo Robotics and Neurofenix, among others.

Company Name Domain Founded year HQ Location Description
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Wearable therapeutic devices for neurological disorders are developed.
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A headset-like device for obesity treatment is developed by Neurovalens.
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Assistive technology is developed for impaired executive brain functions.
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Battery-operated exoskeletons for children with disabilities are developed.
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Medical devices for neurorehabilitation are manufactured for therapy sessions.
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Detailed competitors of Zynex

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Latest news on Zynex

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Complete news archive for Zynex

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Frequently Asked Questions about Zynex

Zynex was founded in 1996 and raised its 1st funding round 10 years after it was founded.

Zynex is headquartered in Lone Tree, United States. It is registered at Lone Tree, Colorado, United States.

As of Dec 31, 2024, the latest employee count at Zynex is 1,000.

Annual revenue of Zynex is $192.35M as on Dec 31, 2024.

Zynex was founded in 1996 and is headquartered in Lone Tree, United States. Operations focus on the medical devices sector, with non-invasive products developed for electrotherapy and stroke rehabilitation. Three segments are maintained: Zynex Medical for home-use electrotherapy, Zynex Monitoring Solutions for hospital cardiac monitoring, and Zynex NeuroDiagnostics for EMG and EEG diagnostics in neurology.

Zynex's top competitors include Neurovalens, Noctrix Health and Brain in Hand.

Zynex offers NexWave, Zynex Pro LSO Braces, Zynex Pro OA Knee Brace, and Saunders CT.

Yes, Zynex is publicly traded on NASDAQ under the ticker symbol ZYXI.

Zynex has made 2 acquisitions, including Kestrel Labs, and NeuroDyne Medical.

The ticker symbol of Zynex is ZYXI on NASDAQ.

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